How to Buy and Sell ICP (Internet Computer) on Binance - Complete Beginner Guide

Internet Computer (ICP) is one of the most innovative blockchain projects in the cryptocurrency industry. Developed by the DFINITY Foundation, Internet Computer aims to extend the public internet so that developers can build decentralized applications directly on the blockchain without relying on traditional cloud services.

If you want to buy or sell Internet Computer (ICP) on Binance, the process is simple and beginner-friendly. Binance is one of the largest cryptocurrency exchanges in the world, offering high liquidity, low trading fees, advanced trading tools, and strong security infrastructure.

In this guide, you will learn:

• How to open a Binance account

• How to complete Binance KYC verification

• How to deposit funds to Binance

• How to buy Internet Computer (ICP) step-by-step

• How to sell ICP on Binance

• How to use a Binance referral code to receive possible fee discounts

Many traders also create accounts using a Binance referral code such as JL3MPH7U, which may provide trading fee discounts and access to promotional campaigns.

Disclosure: Links on this site may be affiliate links, such as our Binance partner code (JL3MPH7U). Using them to sign up supports our independent research at no extra cost to you, and often provides you with exclusive lifetime discounts.

Risk Warning: Crypto trading involves significant risk. This is not investment advice. (DYOR)

Verified by: Official Binance Affiliate Emre Ata

What is Internet Computer (ICP)?

Internet Computer (ICP) is a decentralized blockchain network designed to run smart contracts and decentralized applications at web speed. The project was created by the DFINITY Foundation and launched in 2021.

The main goal of Internet Computer is to create a decentralized version of the internet where developers can host applications without relying on centralized infrastructure providers such as Amazon Web Services or Google Cloud.

Key features of ICP include:

• Decentralized internet infrastructure

• High scalability and fast transaction processing

• Smart contracts called canisters

• Ability to host full web applications on-chain

• Advanced governance through the Network Nervous System (NNS)

Because of these features, ICP has attracted attention from developers and investors and is listed on major exchanges such as Binance.

Why Buy ICP on Binance?

Binance is one of the most popular platforms for trading cryptocurrencies like Internet Computer.

Some reasons why traders choose Binance include:

• Very high trading liquidity

• Low trading fees compared to many exchanges

• Advanced trading tools for beginners and professionals

• Large selection of cryptocurrencies

• Strong security systems including SAFU protection fund

Millions of traders use Binance daily to buy and sell cryptocurrencies including Bitcoin, Ethereum, and Internet Computer (ICP).

Binance Referral Code Comparison

When creating a Binance account, new users can optionally enter a referral code. This code may provide additional benefits such as trading fee discounts or access to promotional campaigns.

Below is a comparison of creating a Binance account with or without a referral code.

Feature	With Referral Code (JL3MPH7U)	Without Referral Code
Account Registration	Standard Binance account	Standard Binance account
Trading Fee Discounts	Possible fee discounts depending on campaigns	No referral fee benefits
Access to Referral Promotions	Eligible for certain promotions	Limited campaign access
Cost to Use	Completely free	Not applicable
Trading Experience	Potentially lower trading costs	Standard trading fees

Using a referral code does not change the functionality of your account. It simply provides potential promotional benefits.

Step 1 – How to Open a Binance Account

https://www.youtube.com/watch?v=q2xXdHHkZFw

The first step to buying Internet Computer (ICP) is opening a Binance account.

Steps to create an account:

1. Visit the Binance registration page

2. Enter your email address or phone number

3. Create a secure password

4. Enter a Binance referral code such as JL3MPH7U (optional)

5. Confirm your email verification code

Once you complete registration, your Binance account will be ready for identity verification.

Step 2 – Binance KYC Verification

Before you can deposit funds or trade cryptocurrencies, Binance requires identity verification (KYC).

KYC stands for Know Your Customer, and it helps exchanges comply with financial regulations and improve security.

Steps to complete KYC verification:

1. Log into your Binance account

2. Go to the Identification section

3. Upload a valid ID document (passport, national ID card, or driver's license)

4. Complete the facial verification process

5. Submit your verification request

Verification is usually completed within a few minutes, although in some cases it may take longer depending on demand.

Step 3 – How to Deposit Funds to Binance

After completing identity verification, you can deposit funds into your Binance account.

There are several ways to deposit funds:

Crypto Deposit

You can send cryptocurrency from another wallet or exchange.

Example:

• Deposit USDT

• Deposit Bitcoin (BTC)

• Deposit Ethereum (ETH)

Many traders deposit USDT and then use it to buy altcoins such as ICP.

Bank Card Purchase

In some countries, Binance allows users to buy crypto directly using:

• Debit cards

• Credit cards

P2P Trading

Binance also offers peer-to-peer trading, which allows users to buy crypto directly from other traders.

Step 4 – How to Buy Internet Computer (ICP) on Binance

Once your funds are available in your Binance account, you can buy ICP using the spot trading interface.

Follow these steps:

1. Go to Binance Spot Trading

2. Use the search bar to type ICP

3. Select the trading pair ICP/USDT

4. Choose a Market Order or Limit Order

5. Enter the amount you want to buy

6. Click Buy ICP

After the trade is executed, your ICP tokens will appear in your Binance Spot Wallet.

Step 5 – How to Sell ICP on Binance

Selling ICP works the same way as buying.

Steps to sell Internet Computer on Binance:

1. Open the Spot Trading interface

2. Search for the trading pair ICP/USDT

3. Enter the amount of ICP you want to sell

4. Click Sell ICP

Your ICP will be converted into USDT or another trading pair currency.

You can then withdraw the funds or trade them for another cryptocurrency.

Tips for Beginners Trading ICP

If you are new to cryptocurrency trading, consider these tips:

Use Limit Orders

Limit orders allow you to set the price you want to buy or sell at.

Start With Small Amounts

Begin trading with small amounts until you understand how the market works.

Understand Market Volatility

Cryptocurrency prices can change rapidly. Always manage your risk carefully.

Avoid Emotional Trading

Fear and greed can lead to poor trading decisions. Stick to your strategy.

Security Tips for Binance Users

Security is very important when trading cryptocurrency.

Here are some basic safety recommendations:

• Enable Two-Factor Authentication (2FA)

• Use a strong password

• Avoid sharing your account details

• Beware of phishing websites

• Always verify the Binance website URL

Following these practices will help protect your funds and account.

Frequently Asked Questions (FAQ)

Question	Answer
What is Internet Computer (ICP)?	Internet Computer is a blockchain network developed by the DFINITY Foundation that allows decentralized applications to run directly on the internet.
Where can I buy Internet Computer (ICP)?	ICP can be purchased on cryptocurrency exchanges such as Binance.
How do I buy ICP on Binance?	Create a Binance account, complete KYC verification, deposit funds, and trade ICP on the ICP/USDT spot trading pair.
Can I use a Binance referral code?	Yes. During account registration you can enter a referral code such as JL3MPH7U to access possible promotional benefits.
Is Binance safe for trading ICP?	Binance is one of the largest cryptocurrency exchanges in the world and offers strong security systems and high liquidity.
Can beginners buy ICP on Binance?	Yes. Binance provides a beginner-friendly interface and educational resources for new traders.

Editor's Note:

When purchasing ICP (Internet Computer), there are a few important things you should understand. This token has no fixed maximum supply, and it is also highly volatile. The price can easily rise to $20 or higher and then fall back to $2–$3 within a relatively short period of time.

For this reason, you should always conduct your own research (DYOR) before entering any trade. Understanding market conditions, tokenomics, and overall project fundamentals is essential before making any investment decisions.

That being said, Internet Computer is a project that has gained significant respect in the global blockchain industry. From the United States to Switzerland, I have personally witnessed many people benefit financially from this project over the years.

Thank you for reading this article. Please remember to always do your own research and avoid blindly following accounts on social media or the internet that claim to give guaranteed investment advice.

Best regards

Author: Emre Ata

With over 11 years of expertise in affiliate marketing, I have spent the last 7+ years as an officially verified partner for leading global exchanges including Binance, Gate, BitGet, HTX, KuCoin, MEXC, and OKX. Since 2019, my mission has been to bridge the gap between traders and the best possible trading conditions.

Every code I provide is guaranteed to be 100% functional and secure, offering you exclusive lifetime commission rebates. By using these verified links, you not only optimize your trading costs but also support my continuous effort to provide high-quality insights into the crypto industry. My track record of flawless service since 2019 is your guarantee of reliability.